Property Prices in Erlangen, Germany

Index Info
Price to Income Ratio: 8.72
Mortgage as Percentage of Income: 63.38%
Loan Affordability Index: 1.58
Price to Rent Ratio - City Centre: 29.80
Price to Rent Ratio - Outside of Centre: 32.52
Gross Rental Yield (City Centre): 3.36%
Gross Rental Yield (Outside of Centre): 3.08%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,075.00 € 750.00-2,000.00
Apartment (1 bedroom) Outside of Centre 883.33 € 600.00-1,800.00
Apartment (3 bedrooms) in City Centre 1,712.50 € 1,200.00-2,645.00
Apartment (3 bedrooms) Outside of Centre 1,648.75 € 1,150.00-2,245.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 615.83 € 478.91-789.67
Price per Square Feet to Buy Apartment Outside of Centre 591.88 € 389.54-696.77
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,725.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.99 3.95-7.95

These data are based on 62 entries in the past 18 months from 13 different contributors.
Last update: April 2024

Sources and References
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